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University

The course is not from a very prestigious university.

Price

This course costs very less.

Managing Innovation

FREE (Audit)
January 1
Indian Institute of Management Bangalore (IIMB)
Course by
SwayamCourses from Swayam
Certificate awarded
For Rs. 1000
Intermediate

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Not sure which job profiles this course will open for you? Check out our AI based tool to get a complete personalized career map.

Checklist

Certification

You will get a certificate on completing this course.

University

The course is not from a very prestigious university.

Price

This course costs very less.

Why should you choose this course?

Description

Do you feel innovation activity in your organization is ad-hoc? Are you looking for a systematic approach through which innovation capacity can be enhanced in your organization? This course will show you how you can build an innovation pipeline, improve idea velocity and enhance business impact through an 8-steps approach. Moreover, we will also explore ways of sustaining participation in innovation activity.

What you'll learn
What is innovation?
Why innovate?
Jugaad vs systematic innovation: The eight steps

Syllabus

COURSE LAYOUTWeek 1: IntroductionModule OverviewUnderstanding the Concept of Innovation and its Importance Types of InnovationInnovation in OrganizationWeek 2: Lay the Foundation and Create a Challenge BookModule OverviewStep one: Lay the FoundationCreate a Challenge BookLet’s Discuss Step One and TwoThe Innovation ActivityConclusionWeek 3: Build Participation and Experiment with Low-cost at High -speedModule OverviewChoosing the Right "Role Model"Ways to Motivate Innovation Activity in OrganizationRole of Catalyst in Building Participation in Innovation ProcessHow to Overcome Velocity Problem?Failure FallacyEncouraging ExperimentationPrototypingConclusionWeek 4: Go Fast from Prototyping to Incubation and Iterate on The Business ModelModule OverviewBeing a ChampionIterating on Business ModelDesign of a PitchBusiness Model MetaphorsConclusionWeek 5: Build an Innovation Sandbox and Create a Margin of SafetyModule OverviewWays to Enhance the Batting Average ProblemSand box, Platform and Open Source ApproachIntellectual Property ProtectionRisk ManagementBig Bets RisksWhere Do We Stand?ConclusionCase Study Discussion

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